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Business

KPMG invests $2 billion in AI, strikes partnership with Microsoft
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22 July, 2023

KPMG invests $2 billion in AI, strikes partnership with Microsoft

KPMG's $2 billion investment is expected to generate up to $12 billion in growth opportunity as the firm banks on...
FCA pushes for stricter digital currency promotions with new rules for social media ads
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22 July, 2023

FCA pushes for stricter digital currency promotions with new rules for social media ads

The Financial Conduct Authority has received the nod from Parliament to regulate digital currency promotions following the approval of the...
Chinese police expose $54M money laundering scheme involving USDT
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22 July, 2023

Chinese police expose $54M money laundering scheme involving USDT

A total of 21 suspects were arrested, with Chinese authorities seizing 40 mobile phones and nearly $30,000. All 21 individuals...
Bipartisan bill introduced in US to regulate DeFi and combat digital asset crime
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21 July, 2023

Bipartisan bill introduced in US to regulate DeFi and combat digital asset crime

The Crypto-Asset National Security Enhancement and Enforcement Act of 2023 will require decentralized finance (DeFi) services to abide by the...
North Korean hackers, fake pizza guys out to steal your tokens
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21 July, 2023

North Korean hackers, fake pizza guys out to steal your tokens

A state-sponsored North Korea hacking group reportedly broke into the systems of JumpCloud, a Colorado-based IT management firm that helps...
Australia revokes FTX subsidiary’s license
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21 July, 2023

Australia revokes FTX subsidiary’s license

Nine months after it imploded, ASIC revoked the FTX Australia license but will allow it to offer limited services for...
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